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0.00111381385225964 -0.00102419664575593 -0.00166431954935342 -0.00166431954935342 -0.00588913071309694 -0.00716937652029192 0.00115542184099351 -0.00351427474075023
Stock impact report

Lightspeed surges past forecasts as Montreal commerce-software provider benefits from reopening economies [Globe and Mail, The (Toronto, Canada)]

Shopify Inc. Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
for the year, as the Montreal commerce software provider benefited from reopening economies. The company booked US$115.9-million in revenue during its first quarter, which ended June 30, more than 20 per cent higher than analyst expectations as well as its own revenue forecast in the low-to-mid US$90-million range. That was 220 per cent higher than the same period a year before, when the company's restaurant-and-physical-retailer customers were hit by shutdowns during the early part of the pandemic. Lightspeed's net loss of US$49.3-million was more than double its US$20.1-million loss a year earlier, but analysts pay closer attention to its adjusted net loss, which was 5 cents per share, better than the 9 cent loss they were expecting Lightspeed's results were helped by a trio of acquisitions of competitors Vend, ShopKeep and Upserve, but even factoring out the impact of those deals, it posted a strong 78-per-cent increase in its core subscription and transaction revenues. The com Show less Read more
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